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Friday 6 November 2026 Export AD’s income statement to Excel — free account

Array Digital Infrastructure Inc.

AD Communication Services Telecom Services

Array Digital Infrastructure Inc.’s revenue for fiscal 2025 (year ended December 2025) was $163.0 million, up 58.3% from fiscal 2024.

Revenue
+89.5%
EPS
+1,021.6%
Free cash flow
−115.2%
Total debt
−75.7%

Quarter to June 2026, against a year earlier

31.64 1.59 −4.78%
Market cap
$2.7B
P/E
5.1×
Fwd P/E
5.1×
Dividend yield
0.00%
F-score
7/9
Altman Z
1.50
Beneish M
−2.02
Dividend safety
0/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Array Digital Infrastructure Inc. (AD) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Array Digital Infrastructure Inc. (AD) trades at a P/B ratio of 2.2×. Over the past ten years it has ranged from 0.3× (June 2023) to 2.6× (September 2026); the current reading is higher than 95% of that period. That is above the Telecom Services industry median of 1.3× and above the Communication Services sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.8× 52.96%
FY2024 1.2× 55.88%
FY2023 0.8× 85.15%
FY2022 0.4× (31.78%)
FY2021 0.6× (0.37%)
FY2020 0.6× (19.43%)
FY2019 0.7× (32.65%)
FY2018 1.1× 28.00%
FY2017 0.9× (19.39%)
FY2016 1.1× 10.94%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.5× 15.33%
Mar 2026 2.1× 19.49%
Dec 2025 1.8× 5.24%
Sep 2025 1.7× 42.95%
42 more quarters

Against its own ten years

Low 0.3× High 2.6×
Ten-year median 0.9×
Current reading's percentile 95

P/B ratio against peers

Company P/B ratio
LUMN Lumen Technologies, Inc. compare n/m
LBTYK Liberty Global Ltd compare 0.3×
LBTYA Liberty Global Ltd compare 0.3×
TKC Turkcell Iletisim Hizmetleri AS compare 0.6×
TDS Telephone and Data Systems, Inc. compare 0.9×
PHI PLDT Inc. compare 1.8×
AD Array Digital Infrastructure Inc. 2.2×
KYIV Kyivstar Group Ltd. compare 2.2×
IDT IDT Corporation compare 5.2×
Telecom Services industry median 1.3×
Communication Services sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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